SHARE
COPY LINK

TRADE

Canada’s PM in Paris for talks with Hollande

Canadian Prime Minister Stephen Harper will discuss boosting his country's economic ties with Europe when he meets with French President François Hollande on Wednesday, his office said Tuesday.

Canada's PM in Paris for talks with Hollande

In a statement, Harper said he and Hollande will discuss a range of issues during their talks in Paris, including “strengthening trade and investment relations, including through a Canada-European Union Free Trade Agreement.”

They are also expected to “reaffirm the deep and enduring historical, cultural, linguistic and educational ties between the two countries.”

The government said bilateral trade with France amounted to CAN$8.6 billion (US$8.3 billion) in 2011, with Canadian exports totaling almost $3.1 billion while imports added up to $5.5 billion.

Harper, who met Hollande during last month’s Group of Eight summit near Washington, was in London for Queen Elizabeth II’s diamond jubilee celebration.

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.

TRADE

Norway and UK strike post-Brexit trade deal

Norway and the United Kingdom have struck an agreement on a free trade deal, the Norwegian government announced on Friday.

Norway and UK strike post-Brexit trade deal
Erna Solberg outside 10 Downing Street in 2019. (Photo by LUDOVIC MARIN / POOL / AFP)

Negotiations over the agreement have been ongoing since last summer, and the Norwegian government said that the deal is the largest free trade agreement Norway has entered into, outside of the EEA agreement. 

“The agreement entails a continuation of all previous tariff preferences for seafood and improved market access for white fish, shrimp, and several other products,” the Ministry of Trade and Industry said in a statement.  

One of the sticking points of the negotiations was Norway wanting more access to sell seafood in the UK, while the UK wanted more access to sell agricultural products like cheese.

The latter was a problem due to Norway having import protection against agricultural goods. 

“This agreement secures Norwegian jobs and value creation and marks an important step forward in our relationship with the UK after Brexit. This is a long-term agreement, which at the same time helps to accelerate the Norwegian economy,” Prime Minister Erna Solberg said in a statement.  

 The United Kingdom is Norway’s second most important single market, after the EU. In 2020 Norwegian companies exported goods worth 135 billion kroner to the UK and imported around 42 billion kroner of goods from the UK. 

Norway has given Britain 26 quotas on agricultural products, but not for mutton and beef. The agreement does not increase the UK’s cheese quotas, state broadcaster NRK have reported. 

The agreement will still need to be signed by both the Norwegian and UK parliament. 

SHOW COMMENTS